The hospital operator cited years of financial challenges, including high labor expenses, rising pharmaceutical costs and low ...

HARTFORD, CT – Connecticut expects to have a full seat at the table in ensuring the transition of Prospect Medical Holdings ... recently filed for Chapter 11 bankruptcy and state officials ...

The law firm Littler Mendelson P.C. will no longer defend Waterbury Hospital in its discrimination lawsuits amid Prospect ...

A major hospital chain owner which operates specialty hospitals in the Midwest and South has filed for Chapter 11 bankruptcy.

Pennsylvania hospitals owned by Prospect Medical Holdings will need to be closed unless a funding deal can be made within the ...

Update: Federal bankruptcy judge has ordered another court hearing for Monday that might be a final attempt to prevent a ...

Below are hospitals, health systems and healthcare organizations that Becker's has reported as seeking or exiting bankruptcy protection in 2025.

Lawyers for Prospect Medical Holdings warned in court of the possible shutdown of the entire Crozer Health system​.

Prospect Medical Holdings filed for bankruptcy on Jan. 11. The for-profit company had been sued by the Pennsylvania attorney general in October, alleging financial mismanagement and negligence.